COVID19

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Lockdown Gains for Adani Ports and SEZ

The COVID-19-induced nationwide lockdown, while hitting the ports and shipping sector hard, saw Adani Ports and SEZ make significant gains in its plan to expand and consolidate its business. In this first of a 2-part story on the Adani group company, Newsclick rounds up the developments.

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Is Reliance’s Rights Issue Over-Valued?

India’s biggest ever rights issues of shares by the country’s single largest private corporate entity, Reliance Industries Limited, is under way at a time when the economy is in terrible shape. Is the fund raising effort being conducted in a manner that could end up with the company’s shareholders paying more than what they should for discounted shares?

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